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20120925
20120925
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and of the secretary of energy. and he will leave office in december remember as the president who built the most universities, 96. 16,000 kilometers of highways, the bridge that connects mexico's coast providing faster access and therefore more efficient trade. and the passage of the first employment act which provides incentives for the companies to hire people just entering the workforce. he also faced the daunting challenge of the violent spawn by the drug cartels that left 50,000 people dead. the poll taken this past august showed his approval rating of about 64%. we are so honored to have the president of mexico here with us. and mr. president we welcome you to the podium and look forward to your remarks to the [applause] >> good morning. thank you for your words. it is an honor to be here today. at the council on foreign relations for more than 90 years this institution has to understand the challenges on the foreign policy changes facing the united states six years atoka in my first i told the mexican people that it was possible to transform mexico. i say that we could turn it into a post
of mexico, he has served as a deputy in mexico's federal chamber of deputies and as secretary of energy. he will leave office in december, remembered as the president who built the most universities 96. the 16,000 kilometers of highways, the bridge that connects mexico's two coasts, providing faster access and therefore more efficient trade and the passage of the first employment act, which provides incentives for companies to hire people just entering the workforce. he also faced a daunting challenge of the violence by the drug cartels that left 50,000 people dead. a poll taken just this past august showed his approval rating about 64%. we are so honored to have the president of mexico here with us. and mr. president, we welcome you to this podium and look forward to your remarks. [applause] >> good morning. thank you for your words. it's not hard to be here today at the council of foreign relations. for more than 90 years, this institution has been at the forefront of analysis to understand the challenges and foreign policy choices based in the united states and the world. six years ago,
is crack down on cheaters. meaning china. the second were going to do is pursue energy independence. i'm sitting there thinking, well, those may be legitimate issues, but i don't think those are the top two things i might of the american people. but the american people are sitting out there and asking for, i think, explanations on why the economy is so bad. someone said it was the economy, stupid. cheryl: right. if you look at most likely voters, we used to see that romney had the president. that has actually changed in the recent poll from the ap. now it is 50%. only 41% trust the president and 41% trust that romney. what happened? >> i think that the problem is that mitt romney has not taken his message deeply enough. the issue is the economy. a% unemployment. they stayed over 9%, all through 2010 and 2011. that's a long time for the american economy to have unemployment at that level. i think, and we all know that, we all know that, and i think with the american voters are asking for is someone to explain to them why have barack obama's policies contributed to that. i don't think it
've been likely feeling the pain at the pumpp but now the energy agency says after three months gas prices are starting to fall. to find out why and if the low prices are here to stay, patrick dehaan, my gas buddy from gasbuddy.com. thanks for joining us. >> feels like the chair is little cooler since the last time. melissa: yes, absolutely. gas prices going town. i know a lot has to do with the winner blend. for those that don't know that is environmental thing it is cheaper to make gas in the winter because of the way it is blended basically. are there other factors at work helping us out? >> i think there is a big factor. about a week and a half ago the energy information report that highlights weekly changes in the amount of gasoline and oil produced finally showed a very good report. in fact a surprising report to many. crude oil inventories had increased eight and a half million barrels in just one week's time. we saw overall total inventories of gasoline and crude oil jump a significant amount. i think that is what is leading to the selloff in oil and gasoline. melissa: yeah. and in
are talking about and they did get a nice loan from the department of energy and had to amend the loans they had done to keep the company's -- enough money to pay back the principal. they carmen the energy had $465 million available to them and they had three sixty million and issuing new shares. ashley: thank you. appreciate it. [talking over each other] >> denial of services a cover-up for more serious breaches. the head of cybersecurity ways in next. ashley: take a look at today's winners and losers with the dow drifting lower by 30 points. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global resea
on today we have api. tomorrow we have the department of energy. remember last week the department of energy released that build of about 8.5 million barrels. that was way larger than most of the analysts' estimates. tomorrow they're expecting about 2 million barrels. if we come in closer to like 3 1/2, 4 or above you are probably going to see oil prices threaten and break $90. there's probably quite a few sell stops from long position players down there. the momentum may continue. if we get closer to the 2 million, or we start to get a rise in geopolitical news, we saw iran, they launched about four missiles out in the persian gulf today. i think that's what's holding oil up. but the path of least -- least resistance seems to be on the down side. dagen: how about saudi arabia? >> i think they are biassed, and they are definitely pumping oil at maximum capacity. i think if they could get oil down to the mid 80s, wow, that would bring national gas price average right around 3.81 right now that could get it well below the 3.70s. i think that would give a boost to the obama campaign a
like the energy more than we like the materials. so i think that is one thing that we're looking at in terms of sectors. health care looks very cheap, although with good reason given all the regulatory uncertainty here with the election coming up. yeah, so that's basically it. >> all right. thanks, everybody. we appreciate it. see you soon. we're in the final stretch here. just 12 minutes before the closing bell sounds. we're at the lows right new with the dow down about 86 points. >> coming up, it's all anybody's been talking about, that blown call that decided the packers/seahawks gain me by a replacement ref. why some don't think it will do a thing to end the referee lockout. someone who knows all too well is going to explain coming up. now, that's what i call a test drive. silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a
before we get going on that. how much of an impediment as well is oil and energy prices going to be? it's still high bearing in mind the weakness of the global economy. >> it's a straggling problem with gasoline prices over here. two months in the average price of gasoline per gallon was what 2.44 and -- sorry, 3.44 now up to 3.84. and around the northeast here, we're paying well over $4 a gallon. so it is an impediment. it's only 11% of overall retail consumption. so i think we've largely gone over that sticker shock. we've become accustomed and i think consumers compensate for that in the wage packet. >> all right. andrew, stick around. more to come from you. we'll dig in to the housing market a little bit later. also still to come, we'll bring the latest on the education nation summit. >> and we'll preview president obama's speech at the u.n. general assembly. >>> welcome back. here are the headlines. caterpillar cuts it forecasts and merkel says sharing debt won't solve it crisis. draghi will be delivering the key note speech. >> and president obama set to address the u.n. general a
Search Results 0 to 7 of about 8